ID :
149585
Thu, 11/11/2010 - 23:22
Auther :
Shortlink :
https://oananews.org//node/149585
The shortlink copeid
EUROPEAN COMMISSION DROPS CARGO CHARGES AGAINST MAS AND MASKARGO
KUALA LUMPUR, Nov 11 (Bernama) -- Malaysia Airlines (MAS) announced Thursday
that the European Commission has terminated proceedings against MAS and MASkargo
in relation to its air freight investigation under Article 101 of the EU Treaty.
Neither MAS nor MASkargo has been found to have infringed European
competition laws, MAS said in a statement.
"As a result, neither MAS nor MASkargo has been fined by the European
Commission," it said, adding that the commission had imposed substantial fines
on many other airlines.
The European Commission has been conducting its investigation into air
freight since February 2006.
As announced to Bursa Malaysia (Malaysia Exchange) on Dec 27, 2007, MAS and
MASkargo received a statement of objections in December 2007, to which MAS
replied in March 2008.
"MAS and its group companies have a policy of compliance with all applicable
laws, including competition laws, in their countries of operation," the airline
said.
MASkargo is MAS' air cargo division, operating four B747s-200F, two
B747s-400F and one A300-600F covering the world's major cargo hubs.
-- BERNAMA